"Economic crisis" Quotes from Famous Books
 ... factions. After World War II, an era of Peronist authoritarian rule and interference in subsequent governments was followed by a military junta that took power in 1976. Democracy returned in 1983, and has persisted despite numerous challenges, the most formidable of which was a severe economic crisis in 2001-02 that led to violent public protests and the resignation of several interim presidents. The economy has since recovered strongly since bottoming out in 2002. The government renegotiated its public debt in 2005 and paid off its remaining obligations to the ...
— The 2007 CIA World Factbook • United States
... finance an ambitious program of industrialization. Plunging oil and gas prices, combined with the mismanagement of Algeria's highly centralized economy, have brought the nation to its most serious social and economic crisis since independence. The government has promised far-reaching reforms, including giving public sector companies more autonomy, encouraging private-sector activity, boosting gas and nonhydrocarbon exports, and a major overhaul of the banking and financial systems. In ...
— The 1990 CIA World Factbook • United States. Central Intelligence Agency
... change? To answer this fully would take up a long chapter. We can only glance at the chief forces then at work. Firstly, Germany, after the year 1873, passed through a severe and prolonged economic crisis. It was largely due to the fever of speculation induced by the incoming of the French milliards into a land where gold had been none too plentiful. Despite the efforts of the German Government to hold back a large part of the war indemnity for purposes of military ...
— The Development of the European Nations, 1870-1914 (5th ed.) • John Holland Rose
... we were deprived of them. We should have been placed in the position of being unable to employ and support a considerable number of our millions of inhabitants at home. The result would have been an economic crisis which might easily attain the proportions of ...
— The War and Democracy • R.W. Seton-Watson, J. Dover Wilson, Alfred E. Zimmern, |
